Wednesday, February 27, 2008

Bernanke trapping himself?

There is a Spanish proverb that goes: "I don't want the cheese, I just want to get out of the trap". It feels like Bernanke may be singing that song somewhere down the line. In the meantime: "Federal Reserve Chairman Ben S. Bernanke signaled the U.S. central bank is prepared to lower interest rates again even as inflation accelerates." - Bloomberg.com

3 comments:

Lauriston said...

vix seems to suggest go short
pcr seems to suggest go long
price seems to suggest go short

i think i'll pass for now...

Anonymous said...

ok gary, whatever you say.

z-stock said...

MAR 18th another 1/2% rate cut
--I think longer term the Fed might go down another 1/2% bringing the rate to 2.0...that's what I've been hearing from the good pundits that I follow
zee